Match Group — May 5, 2026 release

This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, is also available on that site. Financial Outlook For Q2 2026, Match Group expects: • Total Revenue of $850 to $860 million, down 2% to flat Y/Y. • Adjusted EBITDA of $325 to $330 million, representing a Y/Y increase of 13% at the midpoints of the ranges. • Adjusted EBITDA Margin of 38% at the midpoints of the ranges. Dividend Declaration Match Group's Board of Directors has declared a cash dividend of $0.20 per share of the company's common stock. The dividend is payable on July 21, 2026 to shareholders of record as of July 7, 2026. 3 Leverage is calculated utilizing the non-GAAP measure Adjusted EBITDA as the denominator. For a reconciliation of the non-GAAP measure for each period presented, see page 8. 4 Financial Results Consolidated Operating Costs and Expenses Three Months Ended March 31, (Dollars in thousands) 2026 % of Revenue 2025 % of Revenue Y/Y Change Cost of revenue $ 210,656 24% $ 236,908 29% (11) % Selling and marketing expense 163,030 19% 157,096 19% 4 % General and administrative expense 89,128 10% 111,520 13% (20) % Product development expense 116,805 14% 120,854 15% (3) % Depreciation 14,132 2% 21,729 3% (35) % Impairments and amortization of intangibles 33,767 4% 10,478 1% 222 % Total operating costs and expenses $ 627,518 73% $ 658,585 79% (5) % Liquidity and Capital Resources During the three months ended March 31, 2026 , we generated operati